A Foreign Corrupt Practices Act prosecution gets in under the wire

Via FCPA Professor blog comes word of a December 31st announcement in a Department of Justice Foreign Corrupt Practices Act prosecution.

According to the DOJ release, UTSI acknowledged responsibility (pursuant to a non-prosecution agreement) “for the actions of UTS-China [its wholly-owned subsidiary) and its employees and agents, who arranged and paid for employees of Chinese state-owned telecommunications companies to travel to popular tourist destinations in the United States, including Hawaii, Las Vegas and New York City.”

Comments are closed.